Adobe Systems, Bob Evans Farms Top Estimates in Latest Quarters

NEW YORK ( TheStreet) -- Keep an eye on shares of Adobe Systems (ADBE) and Bob Evans Farms (BOBE) in Wednesday's trading session.

Both companies released their latest quarterly earnings results late Tuesday.

Adobe Systems reported second quarter earnings of $.48 a share on $1.16 billion in revenue.

For the quarter, the company was expected to earn $.45 a share on $1.162 billion in revenue, according to analysts polled by Thomson Reuters.

In the same quarter of last year, Adobe earned $.37 a share on revenue of $1.07 billion.

The Photoshop maker posted an 8.8% rise year over year in revenue as more customers subscribed to its software suites.

San Jose, Calif.-based Adobe Systems is a diversified software company that offers a line of products and services used by creative professionals, marketers, knowledge workers, application developers, enterprises and consumers.

The company's business is organized into three segments including digital marketing, digital media, and print and publishing.

Also, Bob Evans Farms released its fourth quarter earnings. The restaurant chain posted a profit of $.56 a share on sales of $332.4 million for the period. Analysts were expecting the company to post earnings of $.41 for the fourth quarter, down from the $.48 it reported in the prior year, according to analysts surveyed by Thomson Reuters.

Revenue was expected by Wall Street analysts to come in at $330.97 million, higher compared to the year ago sales of $326.37 million. New Albany, Ohio-based Bob Evans Farms owns and operates full-service restaurants under the Bob Evans Restaurants brand name.

It operates roughly 562 family restaurants in 19 U.S. states. Through its BEF Foods segment, Bob Evans produces and distributes a variety of refrigerated and frozen convenience food products.